Debt Commitments (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Debt Obligations and Letters of Credit Outstanding

Debt obligations and letters of credit outstanding at the end of each period consisted of the following:



	September 30, 2019			December 31, 2018
Outstanding loans under unsecured revolving credit facility	$	310.0		365.0
2.00% Senior unsecured promissory note payable	40.0			40.0
2.45% Senior unsecured promissory note payable	35.0			35.0
3.22% Senior unsecured promissory note payable	60.0			60.0
Total debt	445.0			500.0
Less: Current portion of debt	(3.0		)	(3.0	)
Long-term debt	$	442.0		497.0

Outstanding letters of credit under unsecured revolving credit facility - contingent obligation	$	36.3		36.3

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

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+ Details